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TOWER ELECTRIC OF PALM BEACH, INC - Florida Company Profile

Company Details

Entity Name: TOWER ELECTRIC OF PALM BEACH, INC
Jurisdiction: FLORIDA
Filing Type: Domestic Profit

TOWER ELECTRIC OF PALM BEACH, INC is structured as a Domestic Profit Corporation, which, in Florida signifies a Profit Corporation (also known as a C-Corporation). This business structure is recognized as a separate legal entity from its owners. This offers shareholders the benefit of limited liability protection, safeguarding their personal assets from the corporation's debts and obligations, and facilitates raising capital through the issuance of stock. In Florida, Domestic Profit Corporations are governed by Title XXXVI, Chapter 607, Florida Statutes – Florida Business Corporation Act.

Status: Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Date Filed: 18 Jul 2012 (13 years ago)
Last Event: AMENDMENT
Event Date Filed: 19 Jul 2021 (4 years ago)
Document Number: P12000062866
FEI/EIN Number 46-0600545

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL, 33411, US
Mail Address: 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL, 33411, US
ZIP code: 33411
County: Palm Beach
Place of Formation: FLORIDA

Key Officers & Management

Name Role Address
CHAPEL LEONARDO Chief Executive Officer 6846 HIGH RIDGE ROAD, LANTANA, FL, 33462
Chapel Joel President 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL, 33411
CHAPEL MAGDA G Secretary 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL, 33411
CHAPEL LEONARDO Agent 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL, 33411

Events

Event Type Filed Date Value Description
CHANGE OF PRINCIPAL ADDRESS 2024-03-12 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL 33411 -
CHANGE OF MAILING ADDRESS 2024-03-12 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL 33411 -
REGISTERED AGENT ADDRESS CHANGED 2024-03-12 1499 RUNNING OAK LN, ROYAL PALM BEACH, FL 33411 -
AMENDMENT 2021-07-19 - -

Documents

Name Date
ANNUAL REPORT 2024-03-12
ANNUAL REPORT 2023-03-10
ANNUAL REPORT 2022-03-04
Amendment 2021-07-19
ANNUAL REPORT 2021-04-14
ANNUAL REPORT 2020-04-30
AMENDED ANNUAL REPORT 2019-05-02
ANNUAL REPORT 2019-01-10
ANNUAL REPORT 2018-04-19
ANNUAL REPORT 2017-02-13

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
9324957103 2020-04-15 0455 PPP 6846 HIGH RIDGE RD, LANTANA, FL, 33462
Loan Status Date 2021-06-08
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 17100
Loan Approval Amount (current) 17100
Undisbursed Amount 0
Franchise Name -
Lender Location ID 17616
Servicing Lender Name Seacoast National Bank
Servicing Lender Address 815 Colorado Ave, STUART, FL, 34994-3053
Rural or Urban Indicator U
Hubzone N
LMI Y
Business Age Description Existing or more than 2 years old
Project Address LANTANA, PALM BEACH, FL, 33462-0901
Project Congressional District FL-22
Number of Employees 2
NAICS code 238210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Corporation
Originating Lender ID 17616
Originating Lender Name Seacoast National Bank
Originating Lender Address STUART, FL
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 17279.9
Forgiveness Paid Date 2021-05-13

Date of last update: 02 Apr 2025

Sources: Florida Department of State